Fully Leased Venice Island Investment & Redevelopment Opportunity

Investment Overview

Existing income and long-term redevelopment potential come together at 925 S Tamiami Trail on Venice Island. The approximately 0.86-acre property includes a fully leased, two-story, four-unit commercial building containing approximately 5,352 square feet, with 190 feet of frontage along Business 41 and exposure to nearly 30,000 vehicles per day. The current improvements give a purchaser in-place income while evaluating the site’s next phase. Depending on the buyer’s objectives and all applicable approvals, potential strategies include retaining the existing building, evaluating an additional building on the available land, or pursuing a broader redevelopment of the property. ST-2 South Trail zoning supports the site’s investment and redevelopment story. The district allows 35 feet of building height by right, with the potential for up to 57 feet through a Height Exception, and establishes a 35% to 75% lot-coverage range. Any proposed use or development plan must be independently confirmed with the City of Venice. Located on the southern portion of Venice Island, the property is near Downtown Venice, Venice Municipal Airport, medical services, restaurants, retail and Gulf beaches. Its visibility, island location and flexible ownership strategies make it well suited for a private investor, developer or 1031 exchange buyer seeking both current income and future optionality.